We are monitoring the impact of COVID-19 on Fire Suppression Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 9536
Share on
Share on

Fire Suppression Market Segmentation By Product (Fire Detectors & Control Panels, Fire Sprinklers, Nozzles, Caps, Control Heads, and Fire Suppressors), By Suppression Reagent (Chemical, Gaseous, Water, and Foam), By Sector (Residential, Commercial, and Industrial) Industry Forecast | 2021 to 2026

Pulished: April, 2021
ID: 9536
Pages: 175

Market Overview

The Global Fire Suppression Market is foreseen to progress in a considerable manner during the calculated period. It is presumed that this market is determined to grow to USD 31.55 billion by 2026 from USD 24.53 billion in 2021, rising at a CAGR of 4.8% during the period of 2021 and 2026. A fire suppression system is a system that was employed for extinguishing or for preventing the spread of fire in an area. These systems utilize the blend of dry chemicals and wet agents for suppressing the equipment fires.

The swell in the demand for these systems from the industries that are in fire risk-prone like oil & gas exploration, energy & power, and manufacturing is the most influencing aspect for the development in the Global Fire Suppression Market. The target market is considered as an important one due to the safety that these systems offer. These systems could see strong growth during the estimated period owing to the need to minimize human loss and safeguard the structures.

Recent Developments

  • Consilium AB Marine & Safety, one of the leading manufacturers of safety & safety-related technologies, has announced that the Nordic Capital has signed an agreement with them to acquire their Marine & Safety unit business within fire & gas detection, for the marine, oil & gas, transport & building sectors.
  • Semco Maritime, one of the key players of the Global Fire Suspension Market, and Odfjell Drilling are into a contract for preparing and modifying the Deepsea Stavanger rig that was prior to its start of a nine-month drilling campaign in the harsh waters that are outside South Africa.

Drivers and Restraints of Fire Suppression Market

The major driver for the growth of the Global Fire Suppression Market is the rising demand for this fire suppression due to the various technological developments.

Moreover, growth in the construction sector coupled with the growing importance of these systems in the oil & gas exploration, energy & power, and manufacturing industries are promoting the surge in the Fire Suppression Market globally.

However, high expenses that are involved in the installation and maintenance of these fire suppression systems are the key restraint that was hampering the growth of the Global Fire Suppression Market. Additionally, the lack of integrity in the interfaces of these systems is another factor that was hindering the target market over the projection period.

Nonetheless, the growing implementation of various safety regulations by numerous countries' governments is fuelling the usage of these fire suppression systems, which is turning out to be creating the growth opportunities for the expansion of the players in the Global Fire Suppression Market.

Market Segmentation of Fire Suppression Market

Based on the type of product, the global Fire Suppression market is segmented into Fire Detectors & Control Panels, Fire Sprinklers, Nozzles, Caps, & Control Heads, and Fire Suppressors.

Based on the outlook of suppression reagent, the global Fire Suppression market is segmented into Chemical, Gaseous, Water, and Foam.

On the sector outlook, the global Fire Suppression market is segmented into Residential, Commercial, and Industrial.

Fire Suppression Market Region wise analysis

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

In the regional analysis of the Global Fire Suppression Market, Europe held the major share of the global revenue. Implementation of stringent rules & regulations by governments in this area is fuelling the adoption of these fire protection systems in buildings, which is turning out to among its major drivers. The significant contributors of the Europe regional fire suppression market are Norway and the UK, owing to the presence of robust fire safety norms, which is pushing the offshore oil & gas operators in these counties for increasing their investments for improving fire safety arrangements.

And the fire suppression market in the Asia Pacific is accounted for the second-largest share of the global market in the revenue aspect. The major driving factors of the growth of the fire suppression market in Asia-Pacific are the increasing building infrastructure and the growing investments for developing the offshore in this locale. Moreover, the rapid growth of industrialization in the emerging economies in this region such as India & China coupled with growing floating liquefied natural gas vessels that are being proposed for setting up in Australia is fuelling the growth of the fire suppression market in Asia-Pacific.

Further, growing oil & gas projects in countries like Brazil and West Africa and the occurrence of pre-planned offshore projects getting initiated from the governments' side of some nations are contributing to the augmentation of the Global Fire Suppression Market.

Key Players of Fire Suppression Market

The key players of the Global Fire Suppression Market include Consilium AB, Semco Maritime A/S, Marioff Corporation, Knowsley SK Ltd, Johnson Controls, Robert Bosch GmbH, Gentex Corporation, Halma PLC, United Technologies Corporation, VT MAK, Siemens AG, Tyco, Cooper Wheelock, Bosch Security System Inc., Napco Security Company Inc., Spectronics Corporation, SimplexGrinnell LP, Fenwal Controls Japan Ltd, Space Age Electronics Inc., RSG/Aames Security Inc., Signal Communications Corporation, Kalb Corp., Master Fire Prevention Systems, Inc., Modular Connections, LLC , EMTEQ, Inc. and Atomizing Systems, Inc.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Fire Suppression Market, By Production                

                    6.1.1 Fire Detectors & Control Panels    

                    6.1.2 Fire Sprinklers

                    6.1.3 Nozzles         

                    6.1.4 Caps   

                    6.1.5 Control Heads

                    6.1.6 Fire Suppressors      

                    6.1.7 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.8 Y-o-Y Growth Rate Analysis         

                    6.1.9 Market Attractiveness Index         

          6.2 Fire Suppression Market, By Suppression Reagent          

                    6.2.1 Chemical       

                    6.2.2 Water  

                    6.2.3 Gaseous        

                    6.2.4 Foam  

                    6.2.5 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.6 Y-o-Y Growth Rate Analysis         

                    6.2.7 Market Attractiveness Index         

          6.3 Fire Suppression Market, By Sector            

                    6.3.1 Residential     

                    6.3.2 Commercial   

                    6.3.3 Industrial       

                    6.3.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     



                    7.2.2 By Production 

                    7.2.3 By Suppression Reagent     

                    7.2.4 By Sector       

          7.3 Europe             

                    7.3.1 By Country     






                     Rest of Europe

                    7.3.2 By Production 

                    7.3.3 By Suppression Reagent     

                    7.3.4 By Sector       

          7.4 Asia Pacific                 

                    7.4.1 By Country     




                     South Korea

                     South East Asia

                     Australia & NZ

                     Rest of Asia-Pacific

                    7.4.2 By Production 

                    7.4.3 By Suppression Reagent     

                    7.4.4 By Sector       

          7.5 Latin America             

                    7.5.1 By Country     




                     Rest of Latin America

                    7.5.2 By Production 

                    7.5.3 By Suppression Reagent     

                    7.5.4 By Sector       

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                     Middle East


                    7.6.2 By Production 

                    7.6.3 By Suppression Reagent     

                    7.6.4 By Sector       

8. Key Player Analysis                           

          8.1 Consilium AB              

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Semco Maritime A/S             

          8.3 Marioff Corporation               

          8.4 Knowsley SK Ltd         

          8.5 Johnson Controls                  

          8.6 Robert Bosch GmbH              

          8.7 Gentex Corporation               

          8.8 Halma PLC                  

          8.9 United Technologies Corporation               

          8.10 Siemens AG              

9. Market Outlook & Investment Opportunities                     


          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Fire Suppression Market By Region, From 2021-2026 ( USD Billion )
  2. Global Fire Suppression Market By Production, From 2021-2026 ( USD Billion )
  3. Global Fire Detectors & Control Panels Market By Region, From 2021-2026 ( USD Billion )
  4. Global Fire Sprinklers Market By Region, From 2021-2026 ( USD Billion )
  5. Global Nozzles Market By Region, From 2021-2026 ( USD Billion )
  6. Global Caps Market By Region, From 2021-2026 ( USD Billion )
  7. Global Control Heads Market By Region, From 2021-2026 ( USD Billion )
  8. Global Fire Suppressors Market By Region, From 2021-2026 ( USD Billion )
  9. Global Fire Suppression Market By Suppression Reagent, From 2021-2026 ( USD Billion )
  10. Global Chemical Market By Region, From 2021-2026 ( USD Billion )
  11. Global Water Market By Region, From 2021-2026 ( USD Billion )
  12. Global Gaseous Market By Region, From 2021-2026 ( USD Billion )
  13. Global Foam Market By Region, From 2021-2026 ( USD Billion )
  14. Global Fire Suppression Market By Sector, From 2021-2026 ( USD Billion )
  15. Global Residential Market By Region, From 2021-2026 ( USD Billion )
  16. Global Commercial Market By Region, From 2021-2026 ( USD Billion )
  17. Global Industrial Market By Region, From 2021-2026 ( USD Billion )

Please wait. . . . Your request is being processed


$ 1234 4255

Click for Request Sample